BENSALEM, PA / ACCESSWIRE / February 19, 2020 / Law Offices of Howard G. Smith continues its investigation on behalf of Grand Canyon Education, Inc. ("Grand Canyon" or the "Company") (NASDAQ:LOPE) investors concerning the Company and its officers' possible violations of federal securities laws.
On January 28, 2020, Citron Research published a report alleging, among other things, that Grand Canyon was improperly using a "captive, non-reporting subsidiary to hide its liabilities," thereby "artificially inflat[ing] the [company's] stock price."
On this news, the Company's share price fell $7.43, or over 8%, to close at $84.07 per share on January 28, 2020, thereby injuring investors.
If you purchased Grand Canyon securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
CONTACT:
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
SOURCE: Law Offices of Howard G. Smith
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